Asia Pacific downstream news
Asia to lead global petrochemicals capacity additions through 2026
A GlobalData report reveals that Asia and the Middle East will lead the growth of the global petrochemicals market capacity through 2026.
Mammoet to provide heavy lift works on India's VRMP
Mammoet will provide a crane for the erection of columns and reactors at the Visakh Refinery in India.
Total sells its polystyrene business in China to INEOS Styrolution
Total has accepted an offer from styrenics supplier INEOS Styrolution to acquire its polystyrene business in China.
Non-US projects to boost global LPG supply
Australian and Russian projects are set to supplement limited US LPG exports as global demand reaches seasonal peak.
OPITO appoints director to support global skills development
OPITO has appointed Mark Cullens to the new role of director of strategic development.
Par Pacific to buy select refining assets from IES
Par Pacific will purchase certain units from IES following IES's announcement of the cessation of their refining operations.
Production shutdowns and dip in operating rates challenge MMA market
Research by IHS Markit suggests that global MMA demand is increasing as supply becomes increasingly constrained.
TechnipFMC awarded contract for Vietnam’s first olefins plant
LSP has awarded a contract to TechnipFMC for the construction of Vietnam's first olefins plant.
Excelerate Energy commissions Bangladesh’s first LNG import terminal
Moheshkhali floating LNG terminal has commenced operations in the Bay of Bengal.
Petronas Chemicals eyeing acquisitions to boost specialty business
Reuters reports that the Malaysian state energy firm is seeking acquisitions in a bid to expand its specialty chemical business.